JAY Z LOOKING TO BUY PRO SOCCER TEAM

Hip hop mogul Jay-Z already owns the New Jersey Nets now the mogul is attempting to purchase a professional soccer team. Allhiphop.com reports that Jay-Z has been in negotiations to purchase a large stake in London’s Arsenal FC soccer team which has won 13 English league titles.

The mogul already owns Rocawear clothing, his own line of Reebok S. Carter sneakers as well as new upscale clothing line and two 40/40 sports bar.

Jay-Z is currently the president of Def Jam Records but the rapper may be heading back to the recording studio soon. According to reports, he’s hoping to release a new album next year.